Mon.Jan 29, 2024

article thumbnail

Identifying the best local delivery provider for your business

Retail Dive

Building and scaling local delivery can be challenging. So how are retailers solving this problem? Through partnerships!

103
103
article thumbnail

Challenging the Way Retailers Think About Traffic Counting

Retail TouchPoints

I’m sure you’ve heard the expressions, “what goes around comes around,” and “what’s old is new again.” These are certainly applicable to what we’re seeing in the retail industry right now. No, I’m not talking about the revival of the 90’s poorest fashion choices. We’re seeing a resurgence of retailers placing focus back on their physical stores.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Retail sales slightly up in December as shoppers shifted spend to Black Friday

Inside Retail

Australian retail sales increased minimally last December as more consumers opted to purchase on Black Friday in the prior month, reflecting cost of living pressures. Australian Bureau of Statistics (ABS) data showed that shoppers spent $35.1 billion in December, up 0.8 per cent year over year. “Today’s retail trade figures confirm that Australian consumers pulled forward much of their Christmas spending to November’s Black Friday sales,” said Anneke Thompson, chief econo

article thumbnail

Retailers Increasingly Turning to Third-Party Resources to Handle Fulfillment

Retail TouchPoints

Store-based fulfillment of customer orders got an enormous boost during the COVID pandemic, when both curbside pickup and delivery offerings became survival tactics for so many retailers. While more than half ( 54% ) of retailers responding to the 2023 Omnichannel and Fulfillment Benchmark Report said active physical stores are the final locations for inventory prior to delivery, retailers are increasingly using third-party services to handle the actual mechanics of picking, packing and deliveri

article thumbnail

Is Your Business AI-Ready? Find Out with Orium’s Maturity Model

Generative AI is poised to redefine B2B, but scaling AI success in this space isn’t without obstacles. From fragmented data sources and complex buyer journeys to operational inefficiencies, the road to AI-powered growth can be challenging. To achieve a competitive edge, understanding your organization’s AI-readiness is essential. Orium's Data & AI Maturity Model provides a quick, actionable way to assess your starting point.

article thumbnail

Elon Musk To Set up New Content Moderation Hub in Texas

Retail Wire

Austin, Texas, stands strong as a technology and innovation hub, and Elon Musk is adding more power to the region with his plans to set up a content moderation center for X.

Planning 289
article thumbnail

Planet Fitness Joins the Retail Media Game

Retail TouchPoints

Fitness center chain Planet Fitness is the latest company to jump on the media network bandwagon with the debut of its PF Media Network. The new network aims to connect advertisers to Planet Fitness’ more than 18.5 million members, both in clubs and across digital channels. The company currently has 2,498 locations across the U.S. and five other countries, more than 90% of which are owned and operated by independent businesspeople under franchise agreements.

More Trending

article thumbnail

CVS Buys More Clean Energy Toward Goal of 50% by 2040

Retail TouchPoints

CVS Health has agreed to purchase 264,000 megawatt hours (MWh) of zero-emission renewable energy annually from clean energy producer Constellation Energy to aid its ongoing carbon reduction efforts. These MWh, the equivalent of the annual electricity used by nearly 1,000 CVS locations in California, Washington, D.C., Delaware, Maryland and New Jersey, are being purchased through two separate long-term agreements with Constellation — for direct purchase and for renewable energy certificates (RECs

Location 278
article thumbnail

Reddit Estimated at $5B Valuation in the Social Media IPO Market

Retail Wire

Reddit is preparing to go public, eying a significant valuation of at least $5 billion. With plans to make the move this spring, this development has generated buzz within the investment community.

Marketing 246
article thumbnail

Michaels Wins Educational Supplies Contract for Texas Schools

Retail TouchPoints

Michaels has been awarded an educational school supplies cooperative contract for Texas’ Region 4, an eight -county area in southeast Texas serving more than 1.2 million students. The retailer will work with purchasing organization Omnia Partners to let schools and other organizations shop for more than 300,000 items through MichaelsPro Education , receiving benefits including low order minimums and free standard shipping on orders over $49.

Shipping 278
article thumbnail

Emma Lewisham credits her skincare brand’s success to never compromising

Inside Retail

The founder and CEO of New Zealand skincare brand Emma Lewisham shares not only a name but an ethos with her business. Emma Lewisham, both the founder and the brand, has disrupted the beauty industry since launching in 2019 with a skincare line designed to be sustainable for people and the planet. “I think our success is in most part due to our dedication to never compromise,” Emma Lewisham told Inside Retail.

Consumer 237
article thumbnail

Less Stress, More Success: Accounting Best Practices & Processes for 2025

Speaker: Amanda Adams, Fractional CFO, CPA

Are you ready to elevate your accounting processes for 2025? 🚀 Join us for an exclusive webinar led by Amanda Adams, a seasoned fractional CFO and CPA passionate about transforming back-office operations for finance teams. This session will cover critical best practices and process improvements tailored specifically for accounting professionals.

article thumbnail

Target, Lowe’s Work with RILA to Develop Tool to Measure Products Emissions

Retail TouchPoints

To help retailers determine the post-purchase carbon impact of products like appliances, electronics and outdoor power equipment, the Retail Industry Leaders Association (RILA) has partnered with Optera to develop the Direct-Use Product Emissions Database (DPED). The DPED will help fill current reporting gaps and align how retailers measure, compare and communicate greenhouse gas emissions.

Outdoor 277
article thumbnail

Burger King Announces a New Bacon Whopper

Retail Wire

Burger King, one of America's multinational fast-food chains, has recently announced an exciting new development with the introduction of the Candied Bacon Whopper.

242
242
article thumbnail

Frasers Group takes former John Lewis space at Queensgate in Peterborough

Retail Focus

Queensgate has announced that Frasers Group plc is set to open several dynamic stores in Queensgate, Invesco’s 835,000 sq ft shopping centre, located in the heart of the city. Frasers Group will open the doors to a Frasers and Sports Direct, occupying the former John Lewis space. These stores will create compelling retail destinations in Queensgate Shopping Centre , together totalling 92,500 sq. ft.

ATS 147
article thumbnail

Almer Arc 2 AR Headset Takes on Apple’s Vision Pro

Retail Wire

The AR headset market continues to grow with the arrival of the Almer Arc 2, a new player from the 2021 startup Almer.

Marketing 278
article thumbnail

Is Your Brand AI-Ready? Find Out with Orium’s Maturity Model

Generative AI is reshaping retail, but achieving true AI success isn’t simple. Many brands face hurdles—underdeveloped data strategies, limited AI-ready infrastructure, or lack of seamless integration across systems. As you explore how AI can boost efficiency and transform customer experiences, understanding your business’s readiness is key. Orium's Data & AI Maturity Model offers a clear starting point.

article thumbnail

In-store robots, Reducing returns, and NRF Big Show - Weekly Snacks #89

Tokinomo

Campaign corner Back to basics. Lowes Foods, a regional grocery chain, has introduced a new campaign for its private-label brand, Brown Bag. This brand is known for excluding seven unhealthy additives, such as artificial flavors and high-fructose corn syrup, from its range of over 900 products. The campaign features a character named "Basic B" a humorous take on an online influencer who is extremely enthusiastic about Brown Bag's simple and healthy ingredients.

Returns 130
article thumbnail

How Porsche is reimagining the auto showroom with art and co-working spaces

Inside Retail

In October last year, the German automaker Porsche unveiled the 150th Porsche Centre in the heart of the Chanba Ecological Zone in Xi’an, Shaanxi Province, China. The avant-garde retail space, designed in collaboration with global design powerhouse Gensler, not only introduces a futuristic concept to automotive retail but also sets a new benchmark in sustainability and cultural integration.

article thumbnail

6 Hurt After American Airlines Makes ‘Hard Landing’ in Maui

Retail Wire

An unexpected turn of events unfolded on American Airlines flight 271 flying to Maui. The plane experienced difficulty during its landing, causing an abrupt halt and resulting in injuries to those aboard.

130
130
article thumbnail

‘No path to approval’: Amazon and iRobot cancel takeover deal

Inside Retail

E-commerce giant Amazon’s planned acquisition of robotics company iRobot will not push through after the parties agreed to terminate their agreement, citing regulatory hurdles in the European Union. IRobot has announced a significant restructuring plan to reduce costs and said it would cut about 31 per cent of its workforce, or 350 jobs. Founder Colin Angle has stepped down as CEO, saying given the current challenges, he and the board “mutually decided that iRobot will be better serv

Planning 130
article thumbnail

NEWS: SML RFID Delivers 98% Inventory Accuracy to Gina Tricot

I’m getting in touch with the news that fashion retailer, Gina Trictot, has achieved 98% inventory accuracy thanks to its partnership with SML RFID. Please see the full press release below, including exclusive quotes.

article thumbnail

Global Investors Burned as China’s Evergrande Crashes

Retail Wire

Global investors who bought the heavily discounted IOUs from China Evergrande, hoping for a bailout from the Chinese government, have been left in the lurch.

130
130
article thumbnail

Profit-first tips for your post-peak season review

Inside Retail

Recent data from Airwallex , reveals a Q4 uptrend: Australians increased their online spending by nearly $200 during the peak sales season of 2023 compared to 2022. This surge – notably in e-commerce, travel, and financial services – presents greater revenue opportunities but also calls for strategic caution. A considered look in the rearview mirror can help us forge a strong path ahead.

article thumbnail

Amazon and iRobot’s Merger Plans Collapse Under Regulatory Pressure

Retail Wire

The much-discussed merger between Amazon and iRobot is no more. Regulatory hurdles indicate that their $1.4 billion business venture was untenable.

Planning 130
article thumbnail

How Target veteran Carly Broderick is tapping into the booming tween market

Inside Retail

Carly Broderick is no novice to the retail industry. With several decades of retail experience under her belt, including nearly 10 years spent with Target as a senior buyer and director across multiple categories (toys, pharmaceuticals, sporting goods, skincare, bath, and fragrances), Broderick knows exactly what big-box retailers are looking for. That’s where Miles, a personal care brand designed for the tween/teen category comes in.

Marketing 130
article thumbnail

Mastering E-commerce Strategies to Drive Growth in B2B Distribution

B2B distributors and wholesalers: this webinar is for you! Discover the game-changing potential of composable commerce—a flexible, modern approach to e-commerce—and explore the strategies and technologies transforming the B2B landscape. Learn how to create custom digital experiences for your business from the leaders at Orium , commercetools , and Contentful as they walk through real-world examples, providing actionable insights on how to future-proof your business, integrate new opportunities s

article thumbnail

Amazon Prime Video Now Includes Ads

Retail Wire

There will be a major change to how customers can view Amazon Prime Video beginning today.

147
147
article thumbnail

Aesop to bring back Queer Library next month

Inside Retail

Aesop’s Queer Library is set to return to Melbourne and Sydney this February to showcase a selection of titles by 45 LGBTQIA+ authors. The body care brand will open the library at Aesop QV in Melbourne from February 7 to 11 and at Aesop Bondi Junction in Sydney from February 28 to March 3. During those dates, Aesop will remove all its products from the shelves and replace them with the selected books purchased from Melbourne’s queer bookshop Hares & Hyenas, Allen & Unwin, and Unive

Returns 130
article thumbnail

Ditching tax-free shopping sets UK back £11bn, CEBR warns

Retail Gazette

Ditching tax-free shopping for tourists is costing the UK £11.1bn and deterring around 2m foreign visitors per year, the Centre for Economics and Business Research (CEBR) revealed. The number of tourists visiting the UK is still roughly 1m fewer than pre-Covid levels, while their spending in real terms has also not fully recovered. The CEBR and business leaders highlighted Rishi Sunak’s decision to charge tourists VAT on shopping in 2021, going back on a tax rebate implemented for decades,

Shopping 131
article thumbnail

Transforming supply chain planning: How to create resilience and agility

Inside Retail

Advanced Planning Systems (APS) are at the heart of digital transformation when looking to improve operations management. Companies in Australia and New Zealand have traditionally lagged in investment in this area. The benefits of implementation that we usually observe are: A 20 per cent reduction in working capital. A 3 per cent reduction in COGS.

Planning 130
article thumbnail

eCommerce in 2025: How Customer Experience Drives Online Retail Success

Speaker: Jennifer Wright and Nick Barron

2025 is right around the corner, and with it comes a new wave of consumer expectations, competitive pressures, and operational challenges. Success lies in finding the balance between operational flexibility and creating experiences that keep customers coming back. The future of retail belongs to those who can stay ahead of shifting customer preferences and marketing trends. 🔮 In this session, we’ll dive deep into what it takes to keep customers engaged and your operations nimble, no matt

article thumbnail

Companies Are Testing Whether AI Can Solve Legacy Tech Problems

Retail Wire

A lot of companies still depend on COBOL, but practitioners of this language are from the baby boomer generation and are now retiring, so it's getting harder to source specialists in this field. To tackle this problem, executives are testing out generative AI tools to catch their IT functions up to modern tech trends.

100
100
article thumbnail

The VM & Display Show 2024, a crucial event for any industry focused on elevating their physical space.

365 Retail

Scheduled for April 16th-17th, 2024 at London’s Business Design Centre, the Visual Merchandising and Display Show is not just an event; it’s a pivotal gathering for any industry aiming to enhance its physical spaces. This free-entry event extends its reach far beyond the retail world, offering invaluable resources, insights, and networking opportunities for sectors including hospitality, leisure, and more.

article thumbnail

Frugal Tips for Spending Less and Saving More in 2024

Retail Wire

There are ways to spend less, but as with any good habit, one has to commit to it.

130
130
article thumbnail

Frasers Group to take over Peterborough John Lewis site

Retail Gazette

Frasers Group has signed to take over the former John Lewis site at Queensgate shopping centre, Peterborough. The group will open doors to a Frasers and Sports Direct in the 92,500 sq ft space. The Frasers concept store will house brands across men’s, women’s, kidswear, homeware and beauty, alongside a 30,000 sq ft Sports Direct. Meanwhile, the sports destination will feature the world’s biggest sports and leisure brands, according to the retailer, as well as brands from the group includin

Shopping 107
article thumbnail

How to Maximize Amazon Sales and Crush the Competition

With over 9 million sellers on Amazon, online marketplaces are more crowded than ever. Whether you’re looking to fine-tune prices in real-time or align strategies across channels, this guide provides the tools to understand how to maximize sales and secure a lasting competitive edge. Download now to transform your pricing strategy and drive holiday success.